XAUUSD 22/12 Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves. Bullish Channel as an Correction in Long Time Frame and Symmetrical Triangle as an Correction in Short Time Frame with the Breakout of UTL and Retracement
Entry Precaution :
Wait for the Proper Rejection
Xauusdsetup
XAUUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD GoldPair : XAUUSD ( Gold / U.S Dollar )
Description :
Bullish Channel as an Corrective Pattern in Long Time Frame with the Breakout of Lower Trend Line and Retracement. It can Reject from Fibonacci Level ( 38.20% - 50.00% - ). Completed " ABC " Corrective Waves and Strong Divergence
Entry Precaution :
Wait for the Proper Rejection
XAUUSD remains high, future moves from FED ? As expected, gold reacted with a sharp decline and as soon as it reached the 2047 resistance zone yesterday, the price fell 20 prices to a low of 2027
But currently there is not much difference in the pressure from buyers and sellers. Gold is likely to continue its sideways movement today and then move slightly higher before a new trend develops.
Can be purchased at a short price of 5 to 10 points at a range of 203 times.
We wish retailers an effective translation strategy.
-ENTRY BUY: 2028-2033 (STOP: 2023)
-Target date: 2045
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Last night, the world's largest economy announced that its December consumer confidence index jumped to 110 points from 101 points in November, significantly higher than the 103 point estimate. US home sales also increased from 3.79 million square meters in October to 3.82 million square meters in November, well above expectations of 3.78 million square meters.
The European Economic Area also announced that its consumer confidence index rose significantly from -16.9 points in November to -15.1 points in December, exceeding the previous estimate of -16.5 points.
According to technical analysis, the consumer confidence index is a leading indicator that can predict consumer spending, which plays an important role in overall economic activity. Higher numbers indicate higher consumer optimism. This will help the manufacturing industry recover further.
This information caused the US dollar to soar in the international payments basket. Specifically, the dollar index, which measures the dollar's strength in the international payments basket, reversed at 6:22 a.m. (Hanoi time) this morning, rising 0.23% to 102,400 points.
Experts say investors have booked profits in gold after the past two uptrends as the economy showed positive signs and the US dollar price rose. SPDR, the world's largest gold trust, also sold a net 2.02 tonnes of gold in its last trade on December 20th. Experts warn that gold prices are under pressure from economic information from major countries. As more information continues to be revealed in the final week of December, investors should be careful about buying at high prices. With positive information, global gold prices could still remain below the $2,000/oz threshold.
XAUUSDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Symmetrical Triangle as an Corrective Pattern in Short Time Frame. Completed Impulsive Waves " 12345 " and Corrective Waves " ABC " and making its " 12 - abc " Impulsive Waves. Break of Structure and Retracement
Entry Precaution :
Wait for the Breakout of UTL / LTL
XAUUSD: Sell
The resistance is still in the 2026-2032 range. Today we are trading short, targeting 2018-2013. My ultimate goal is to remain below 1970, at least near 1990.
I want to say sorry to everyone here. I don’t have much time to publish strategies because I have to manage many accounts, but I give a trading signal in one place every day. You can go there to watch it, free of charge.
#XAUUSD: 4H View Sellers still hold controlDear Traders,
Gold bounced back from 2152$ to 1972$ and rocketed towards 2046$ as Fed Interest Decision gave it a boost. Prices retreated to fill the liquidity void and are forecasted to reach 1990$. Look out for sellers at this level.
Price either can drop significantly from the current area of price or do some short of retracement as it is shown in the chart and drop from that region so keep that in mind.
XAUUSD Gold New Week MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout and Retracement. It has completed the Break of Structure and Retracement. Completed Impulsive Correction and Making its Impulse Again
Entry Precautions :
Wait for the Proper Rejection
AUDUSD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
XAUUSD Shorts from 2060.000 down towards 1980.000Gold bias for this idea is for a bearish move to take place around the 2060 mark where a 5hr supply zone lies. I am anticipating a bit more upward movement in the form of distribution, my plan is to execute sell positions once the price enters my Point of Interest (POI), intending to fill the significant imbalance left by the FOMC news event. Additionally, there are indications of diminishing bullish pressure on the lower time frame, signalling a potential reversal.
Furthermore, considering that the price has reached all-time highs (a major liquidity point), it has accumulated sufficient liquidity to facilitate a downward shift. This is reinforced by the observed change in price character on the higher time frame, providing additional confirmation that selling positions are becoming more viable.
Confluences for XAUUSD Sells are as follows:
- Price has taken ATHs a major liquidity point enough for price to trigger a reversal.
- There's a major POI (5hr supply zone) In which I expect a distribution to take place.
- There's loads of liquidity left to the downside that needs to get taken as well as major imbalances that was left from the previous FOMC event.
- Bullish pressure is now getting exhausted on lower time frames in which I can expect potential sell offs.
- In order for price to keep going in a bullish trend price must retrace and make a correction.
P.S. Keep in mind that despite the current bearish bias, my overall outlook on this pair remains bullish, and I perceive this downward movement as a temporary one. Following this descent, my intention is to explore buying opportunities around the 1980.000 area, where a new 6-hour demand zone has emerged. Additionally, I anticipate a subsequent price rally, surpassing the recent highs, making buying positions a favourable bias in general. I would love to hear you guys opinion and thoughts about gold, so be sure to drop a comment below!
XAUUSDPair : XAUUSD ( Gold / U.S Dollar )
Description :
Completed " 12345 " Impulsive Waves and Corrective Waves " abc " in Short Time Frame. Consolidation Phase as an Corrective Pattern in Short Time Frame. Breakout and Retracement for Break of Structure
Entry Precaution :
Wait for Breakout and Retracement of UTL / LTL
XAUUSD GoldPair : XAUUSD ( Gold / U.S Dollar )
Description :
Impulse Correction Impulse and LL - LH in Short Time Frame. Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves. Falling Wedge as an Corrective Pattern in Short Time Frame with the Breakout of Upper Trend Line
Entry Precaution :
Wait for the Rejection or Retracement
XAUUSD Before FOMCPair : XAUUSD ( Gold / U.S Dollar )
Description :
Lower Highs and Lower Lows Trend in Short Time Frame. After Impulsive Waves " 12345 " It is making Corrective Waves " abc ". Consolidation Phase as an Corrective Pattern in Short Time Frame if Breaks UTL then Buy , If Breaks LTL then Sell
Entry Precaution :
Wait for the Breakout and Retest
XAUUSD - DAILY GOLD PLAN 12/13
⚡️ MACRO INFORMATION:
👉 Gold prices erased Tuesday's gains following November CPI news, while traders focused on the key Fed policy meeting for additional monetary policy concerns.
👉 The entire market spotlight will be on the Fed's two-day policy meeting on Wednesday when the central bank decides on interest rates and releases project summary economic reports.
According to general forecasts, the Fed will hold interest rates this week, with about an 80% chance of a rate cut next May, CME's FedWatch tool has found. More refined has gold guide support.
👉 Commenting on gold in the long term, in its 2024 outlook report, Heraeus Metals emphasized the possibility of an economic recession next year. If the scenario plays out, the USD could weaken and that would help push gold prices to new highs. The company forecasts that gold will trade between $1,880 and $2,250 per ounce in 2024.
⚡️ TECHNICAL COMMENTARY:
👉 Today's gold price closed a red candle and had a long candle, this shows that sellers are overwhelming buyers, but there has been quite a quiet dispute. Today we expect the price to recover so we can continue to sell.
👉 According to the indicator set, the price in the daily frame and H4 PHP frame has reached the oversold zone, h1 has a PHP range.
👉Make a trading plan:
🔼 Buy Gold: 1968x – 1966x
SL 1963
City 1975 -1987
🔽 Selling Gold: 1995x - 1997x
SL 2001
City 1989 – 1982 -1970
The NFP will be announced soon, are you ready?
Because NFP data will be released today, the market performance in Asia and Europe has been relatively flat, maintaining a narrow range of fluctuations in the 2028-2034 range. Currently, in the 1H chart, the moving averages are highly glued, and resistance is concentrated in the 2031-2033 range. support is near 2028.
There are only 3 hours left before the data is released. The market may try to choose a direction within the first 30m of the data release. I predict that the probability of rising first and then falling is high.
Today's focus is on data. I plan to trade short. If the data does not match expectations, I will make adjustments at that time (you can leave me a message if you need a complete trading plan).
The data market fluctuates greatly. Everyone should control risks during the transaction process. For small accounts, try to control the SL within $5.
good luck!
XAUUSD 12/12Pair : XAUUSD ( Gold / U.S Dollar )
Description :
Impulse completed and Making its Corrective Waves " wxyxz " in Short Time Frame. Rejection from Descending Trend Line and moving in Side Waves as Consolidation Phase in STF. Strong Divergence in RSI
Entry Precaution :
Wait for the Breakout or Rejection
XAUUSD Gold 11-15 Dec MovePair : XAUUSD ( Gold / U.S Dollar )
Description :
Bearish Channel as an Corrective Pattern in Short Time Frame with the Breakout of the Upper Trend Line and Retracement. Rejection from Fibonacci Level - 50.00%. Completed " 12 - 3wx " Impulsive Waves at Retracement Level for Break of Structure
Entry Precaution :
Wait until it Rejects or Break Demand Zone
XAUUSD 10.12.23 SELL & BUY PROJECTIONReason For Bearish
1.Bearish Engulfing Formed
2.Breaked 2012 and waiting for retest 2012
3. Approaching Next Support @ 1980
Reason For Bullish
1.Obey Strong Support @ 1980
2. Obey Golden Ratio 0.631 Fibonacci retracement
Overall Possible Outcomes
XAUUSD SELL@ 2010-15
SL 2022
TP1 1980
XAUUSD BUY @ 1980
SL 1960
TP1 2000
TP 2 2020